FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains 
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
EUR/JPY Holds Bullish Bias as Euro Extends Recovery 
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings 
FxWirePro: NZD/USD edges lower, remains on back foot 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: USD/ZAR retreats but trend is still bullish 
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level 
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters 
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path 
FxWirePro: USD/ CNY remains soft ahead of Fed decision 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
• EUR/AUD gained on Monday as weaker than expected china data weighed on Australian dollar.
• Commodities like oil, copper were hit on reduced China-led global growth. Australia’s lockdown also weighs on sentiment as virus count continued to grow.
• EUR/AUD bulls confidence is running high, a test of the 1.6132 (Higher BB) highly seems likely.
• From a technical viewpoint, RSI is strongly bullish at 58, daily momentum studies, 5, 10 and 11 daily MAs are pointing higher.
• Immediate resistance is located at 1.6086 (Daily high), any close above will push the pair towards 1.6132 (Higher BB).
• Immediate support is seen at 1.5990(38.2% fib) and break below could take the pair towards 1.5900 (50%fib).
Recommendation: Good to buy on dips around 1.6015, with stop loss of 1.5900 and target price of 1.6100.
